International Paper plant sold

Jessica Sabbath //September 16, 2013//

Jessica Sabbath// September 16, 2013//

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International Paper Co. has sold its former paper converting facility to Severn Peanut Company for $2.4 million.

Severn plans to turn the facility into a peanut processing plant, its first location in Virginia.

The 154,982-square-foot facility, at 32126 General Thomas Highway in Franklin, is located on 40 acres just off Route 58.

Cushman & Wakefield | Thalhimer represented International Paper.

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